Stockprowler picks NNLX for January 2008

As the value of the dollar continues to plummet in the world market, watch for the price of oil to reach unthinkable levels. You think $100 a barrel oil is bad and just a temporary aberration? Look for $150 a barrel oil by July 2008 as the Arabs demand more worth-less U.S. dollars for their oil. And as oil becomes a more and more expensive source of energy, other fuel alternatives become viable. In the Stockprowler crystal ball we see hydrogen eventually replacing oil as the primary source of energy in our increasingly energy hungry world. Hydrogen is the most abundant element in the universe and also has the highest energy content per unit weight of any known fuel.

The bad news is that it rarely occurs by itself in nature. It is mostly found combined with other elements from which it must be separated. The good news is that once extracted, hydrogen in liquid form is the ultimate clean and highly compacted energy carrier. Presently, the cost of commercially generating hydrogen is almost $5.00 per equivalent gallon of gasoline.

Enter NanoLogix (OTC: NNLX) trading at around 10 cents. NanoLogix has patented technology to inexpensively produce hydrogen from biomass. It is rumored that its commercial process can deliver hydrogen at less than $1.00 per equivalent gallon of gasoline. NanoLogix is presently operating a hydrogen bioreactor at Welch's Foods near Erie, Pennsylvania to produce hydrogen from Welch's sugar-rich wastewater stream. R&D into a next-generation commercial demonstration bioreactor for Welch's is ongoing at Gannon University in Erie. This effort has been solely funded by NanoLogix for the prototype bioreactor development, with major funding from Welch's anticipated for the next stage. NanoLogix has signed an agreement with the City of Erie Wastewater Treatment Plant for a prototype bioreactor installation based upon NanoLogix's patents and designed to extract hydrogen from activated sewage sludge. The Company's goal is to capitalize on the potential energy value of over 170 million tons of sewer sludge generated annually in the United States. NanoLogix plans to install the prototype in the Erie facility in the spring of 2008.

NanoLogix has 31 granted patents and 36 patents pending for bioreactor-based hydrogen production, revolutionary rapid medical testing technologies, potential treatments for sepsis and cancer, and bioremediation. NanoLogix has also filed 7 patents for its new BioNanoChannel™ technology for rapid microorganism (bacteria/spores) detection and identification. This is a revolutionary, cutting-edge technology developed by NanoLogix that enables the identification and/or growth of microorganism cultures in 1 to 7 hours. BioNanoChannel™ technology utilizes extremely small nano-sized channels to trap microorganisms and then applies proprietary NanoLogix techniques covered in the patent to detect and/or identify the microorganisms in concentrations as small as a single cell.

This technology is in sharp contrast to the traditional method for detection and growth utilizing Petri dishes --- a device invented in 1877 --- a process that normally takes 24 to 72 hours to identify or culture a microorganism. The importance of this is that in a critical infection situation, the ability to achieve rapid detection and identification of microorganisms can mean the difference between life and death. NanoLogix believes that BioNanoChannel™ technology has the potential to capture much of the current global multi-billion dollar Petri dish market.

The company is in talks with the US Department of Defense for providing of BioNanoChannel technology for use in the confirmation of effectiveness of decontamination efforts in the event of biological attacks, currently specific to anthrax, but with the potential for use in the event of use of other biological agents or toxins. NanoLogix has been contacted by an international pharmaceutical company and asked to provide information and assistance in reducing the time to test pharmaceutical samples to less than 24 hours --- a task that is easily within the capabilities of the BioNanoChannel technology.

NanoLogix is currently working with another unnamed company to ascertain whether a BioNanoChannel device can provide a method for reducing the time necessary for the identification and detection of protein markers that occur early on in victims of Traumatic Brain Injury (TBI). Public attention has recently focused on TBI due to the publicity received by returning veterans from both Afghanistan and Iraq who have been exposed to various types of blast injuries from Improvised Explosive Devices (IED). In fact, it is a condition that affects over 1,500,000 victims of accidents and violence each year in the United States alone. The research team's initial findings have been positive. Earlier detection of these protein markers may lead to accelerated treatment and reduced long term negative effects on those who suffer from these potentially debilitating injuries.

NanoLogix has the near-term potential to capitalize on its rapid-detection technology, as evidenced by recent and ongoing government and corporate interest. There is longer term potential for revenue from both the hydrogen bioreactor technology use in industrial and wastewater treatment plant settings, and in sales of medical and environmental test kit technology through NutraPharma Corp. Nutra Pharma Corp. (OTCBB: NPHC) is a biotechnology company that is developing drugs for HIV and Multiple Sclerosis (MS), and recently announced that it has expanded its licensing agreement with NanoLogix, Inc.

NanoLogix has submitted international patent applications for BioNanoChannel™ and Hydrogen Bioreactor technology protection in China, India, Brazil, and the EU (European Union). These filings are in anticipation of the global roll-out of the company's rapid BioNanoChannel™ bacteria/microorganism detection technology and also contribute to the protection of NanoLogix's ongoing Hydrogen Bioreactor development.

Further information on NanoLogix, Inc. is available at www.nanologixinc.com

Well, all right, that's it for now… place your bets, sit back and relax. Remember, this is speculation not investing and quite often we get rewarded BIG for taking a chance…

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Good Trading... Stockprowler.

 
 

 

 

 

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